ACCOUNTS - Final Accounts

ACCOUNTS - Final Accounts

EGERTON CRESCENT GARDEN LIMITED - Company Information

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Caseware UK (AP4) 2016.0.181 2016.0.181 2017-05-312017-05-31The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.falsefalseThe principal activity of the company is to hold and manage Egerton Crescent garden on behalf of its shareholders.false2016-06-01 08010170 2016-06-01 2017-05-31 08010170 2017-05-31 08010170 2016-05-31 08010170 c:Director2 2016-06-01 2017-05-31 08010170 d:CurrentFinancialInstruments 2017-05-31 08010170 d:CurrentFinancialInstruments 2016-05-31 08010170 d:CurrentFinancialInstruments d:WithinOneYear 2017-05-31 08010170 d:CurrentFinancialInstruments d:WithinOneYear 2016-05-31 08010170 d:ShareCapital 2017-05-31 08010170 d:ShareCapital 2016-05-31 08010170 c:OrdinaryShareClass1 2016-06-01 2017-05-31 08010170 c:OrdinaryShareClass1 2017-05-31 08010170 c:OrdinaryShareClass1 2016-05-31 08010170 c:FRS102 2016-06-01 2017-05-31 08010170 c:AuditExempt-NoAccountantsReport 2016-06-01 2017-05-31 08010170 c:FullAccounts 2016-06-01 2017-05-31 08010170 c:PrivateLimitedCompanyLtd 2016-06-01 2017-05-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 08010170









EGERTON CRESCENT GARDEN LIMITED


UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2017
 
EGERTON CRESCENT GARDEN LIMITED
REGISTERED NUMBER: 08010170

BALANCE SHEET
AS AT 31 MAY 2017

2017
2016
Note
£
£

  

Current assets
  

Debtors
 5 
814
512

Cash at bank
  
103,699
44,858

  
104,513
45,370

Creditors: amounts falling due within one year
 6 
(104,484)
(45,342)

Net current assets
  
 
 
29
 
 
28

Total assets less current liabilities
  
29
28

  

Net assets
  
29
28


Capital and reserves
  

Called up share capital 
 9 
29
28

  
29
28


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 26 October 2017.



Mr Peter D Finlay
Director
The notes on pages 2 to 4 form part of these financial statements.

Page 1
 
EGERTON CRESCENT GARDEN LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2017

1.


General information

Egerton Crescent Garden Limited is a private company limited by shares incorporated in England within the United Kingdom. The address of the registered office is: 45 Cadogan Gardens, London, SW3 2AQ. The company is not part of a group.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

Information on the impact of first-time adoption of FRS 102 is given in note 10.

 
2.2

Income

Income comprises revenue recognised by the company in respect of service charges demanded in the year. 


3.


Employees

The average monthly number of employees, including the directors, during the year was as follows:


        2017
        2016
            No.
            No.





0
0

Page 2
 
EGERTON CRESCENT GARDEN LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2017

4.


Tangible Fixed Assets

The company owns the garden at Egerton Crescent, London, SW3 and pursuant to a Declaration of Trust it holds the garden on behalf of its shareholders.







5.


Debtors

2017
2016
£
£


Trade debtors
9
-

Other debtors and prepayments
805
512

814
512



6.


Creditors: Amounts falling due within one year

2017
2016
£
£

Reserve fund balance
19,371
36,371

Accruals and other creditors
81,872
4,385

Surplus
3,241
4,586

104,484
45,342



7.


Reserve fund

2017
2016
£
£



Balance brought forward
36,371
46,371

Demanded/(Credited) in the year
(17,000)
(10,000)

19,371
36,371


8.


Related party transactions

During the year concerned, the directors have transacted with the company. The transactions were for service charges demanded in accordance with their Garden Access Agreements.

Page 3
 
EGERTON CRESCENT GARDEN LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2017

9.


Share capital

2017
2016
£
£
Shares classified as equity

Allotted, called up and fully paid



29 (2016 - 28) Ordinary shares of £1 each
29
28

During the year the company alloted 1 ordinary £1 share for consideration of £1.



10.


First time adoption of FRS 102

The policies applied under the entity's previous accounting framework are not materially different to FRS 102 and have not impacted on equity or profit or loss.


Page 4